ContourGlobal, Kosovo Pick GE Consortium for Power Plant Contracts
May 03 2019 - 3:57AM
Dow Jones News
By Oliver Griffin
ContourGlobal PLC (GLO.LN) and the government of Kosovo have
selected a consortium of General Electric Co. (GE) companies as the
preferred bidder for its Kosova e Re power plant project.
The Kosova e Re project is being constructed as a modern
coal-fired power plant and will represent the biggest foreign
direct investment ever made in Kosovo, ContourGlobal said
Friday.
ContourGlobal said the GE consortium is the preferred bidder for
the turn-key engineering, procurement and construction and
long-term maintenance contracts.
The London-listed company said it expects to engage in further
negotiations and reach an agreement on final terms with General
Electric.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
May 03, 2019 03:42 ET (07:42 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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